It’s a new year, with a new president and new opportunities to boost modern apprenticeship programs in the United States that can help get people back to work and stimulate the economy.
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Getting people into apprenticeships has never been more vital, as job losses caused by the pandemic continue to affect millions. Young people in particular have been hit hard, as they’re most likely to be employed in retail and hospitality, two sectors essentially shut down during the Covid-19 crisis. Speed is vital. We can’t risk losing an entire youth cohort to sustained joblessness that could affect their entire lives. Funding new apprenticeships not only provides jobs now, but also generates high, long-run gains in skills, productivity, and earnings for young workers and companies.
Luckily, there are proven strategies for creating apprenticeships and getting young people employed. We just need to look abroad: Australia and the United Kingdom have strong apprenticeship programs and moved quickly to protect apprenticeships when pandemic-related job losses hit last summer. Their experience highlights four strategies that could be adopted by the Biden Administration and funded through the next stimulus program.
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